An Abstract of Title is important when considering purchasing a vessel.
When you purchase a vessel, you want to know, definitively, that the vessel is free from any liens or claims of ownership.
An Abstract of Title can provide this assurance and ensure that all past transfers of title have been properly documented. Additionally, an Abstract can alert you to any easements, encumbrances, or other issues such as unpaid taxes that may affect your vessel’s registration or usability.
By obtaining an Abstract of Title for your boat, you are taking proactive steps to protect yourself from potential legal or financial implications related to its ownership in the future.
You can apply for an Abstract of Title through our site here.
This law addresses Abstract of Title for vessels.